Oracle is betting on PeopleSoft stumbling sometime next year but that's unlikely.

Microsoft would think twice about spending more than $20 billion. The probability of a deal happening is low.

Oracle is betting on PeopleSoft stumbling sometime next year but that's unlikely,

What's interesting is that Microsoft is now more of a leverage story.

Pricing pressure is killing the application software companies and that's the reason for weakness, ... And we have definitely heard from customers that they are unwilling to buy from either Oracle or PeopleSoft until the takeover situation is resolved.

You can only imagine that they could end up spending an incremental billion to billion and a half [dollars] in the next fiscal year launching new products.